Thursday, 4 May 2017

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The BSE Bankex index is the top gaining index in the early hours on Thursday, with ICICI bank majorly contributing to the index gains and pulling it to higher levels. The top gaining stocks in the index are ICICI Bank, SBI, Axis Bank and Bank of Baroda. ICICI Bank is up 7% at Rs 294, SBI is up 2% at Rs 295, Axis bank is up 0.9% at Rs 505 and Bank of Baroda is up 1.9% at Rs 193. Meanwhile, the stock of Future Retail is trading up more than 6% at Rs 356 in the morning hours on BSE.

The S&P BSE Sensex is trading at 30,064 up 169 points, while NSE Nifty is trading at 9345 up 33 points. A total of 70 stocks registered a fresh 52-week high in trade today, while 10 stocks touched a new 52-week low on the NSE. The BSE Mid-cap Index is trading up 0.48% at 14880, while BSE Small-cap Index is trading up 0.56% at 15518.

Some buying activity is seen in Consumer Discretionary Goods and Services, Finance, Telecom and Bankex indices, while Energy, Metal and Oil & Gas indices are showing weakness on BSE. Grasim, Bank of ICICI Bank, Indiabulls Housing Finance, Bank of Baroda and Grasim are among the gainers, whereas Hindalco, HDFC Bank, Cipla and BPCL are losing on the NSE. The INDIA VIX is up 0.8% at 11.6. 


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